Binance and MDI Ventures Forms Consortium To Grow Blockchain Ecosystem In Indonesia

Binance and MDI Ventures formed a consortium to expand the blockchain ecosystem in Indonesia. The consortium has collectively developed the largest digital and financial technology ecosystems in Indonesia, providing access to more than 170 million consumers in the world’s fourth most populous country.

MDI and Binance CEOs made a statement for the consortium established in Indonesia. Changpeng, Founder and CEO of Binance, said: “Our goal at Binance is to grow the blockchain and cryptocurrency ecosystem globally, and this initiative in Indonesia is an important step in that direction. With rapid technology adoption and strong economic potential, we are the leader of the blockchain and crypto ecosystem within Indonesia.” “We are excited to name MDI as the latest partner in the region. With their depth of experience in the market, we are confident that we will deliver leading products for users locally.”

MDI Ventures: US$830+ million multi-stage venture capital arm of Indonesia’s largest telecommunications company and is the country’s largest technology investment firm.

Source: Bianance

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